Opera is Building a Browser-based Crypto Wallet to Reach its 10 Million Users in Africa

Opera PC browser will give users access to the built-in crypto wallet in Opera for Android

Opera, through a press release in August 8th, 2018, announced that it is launching a browser that will feature a pre-installed cryptocurrency wallet.

The new browser has come as a result of ‘strong interest’ and “overwhelming positive response from the crypto community” to the mobile crypto wallet which launched in July 2018, according to the press release.

Opera has also already garnered success with its Opera News app in Africa. It will not be a surprise if the company leverages this huge demographic in an effort to introduce and get the crypto-wallet adopted as widely as possible.

The Opera News App is the most popular app in Kenya

Since the Opera News app launched in January 2018, the app has already reached 10 million downloads in Africa. Add its Opera mobile browsers, and the news app is able to reach over 90 million people, according to the Opera News press release.

How the Opera Crypto-Wallet Will Work

The desktop crypto-wallet will enable users to connect it to their Opera for Android crypto wallet by simply scanning a QR code to synchronize, similar to how WhatsApp web clients work. Once scanned, the Android app will communicate access and permission capabilities to the wallet.

The Crypto wallet in Opera for Android is a user-controlled wallet

Once connected, users will be able to sign transactions using their fingerprints rather than enter passwords into the browser, which is potentially more secure. Opera does not save or have access to public and private keys for users making the Android crypto wallet user-controlled.

The wallet however is limited to supporting only ERC20 tokens and Ethereum.

Opera clearly understands that cryptocurrencies and the blockchain culture are here to stay and is looking to embed itself into this ecosystem as deep as it possibly can.

Kenya #paxfulcampustour was super awesome! We gave away BTC to over 800 young cheetahs and theyreally understood #p2pfinance as a movement. We also had a massive party after! https://t.co/maEvFMRUkt @BitcoinKE did an amazing job!

POPULAR CATEGORY

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here:
Cookie Policy

ABOUT US

BitcoinKE is your one-stop destination for all things Bitcoin, cryptocurrencies, and Blockchain in Kenya. We cover events, meetups, and interviews with founders and experts in the cryptocurrency and Blockchain space in Kenya.
Everything Decentralized !